Aspocomp Group Oyj revised earnings guidance for the year 2023. The financial guidance has been updated due to the slower-than-expected recovery of the Semiconductor segment's cycle, and the slowdown in investments in several of the company?s customer segments, mainly due to the rise in interest rates as well as high inventory levels in different parts of the value chain. These changes in the operating environment will affect the development of Aspocomp?s net sales during the end of 2023.

Aspocomp estimates that its net sales for 2023 will be clearly below the 2022 level and its operating result for 2023 is expected to remain negative. In 2022, net sales amounted to EUR 39.1 million and the operating result to EUR 4.5 million. Aspocomp estimated previously that its net sales for 2023 would be below the 2022 level and its operating result for 2023 would be clearly below the 2022 level.

In 2022, net sales amounted to EUR 39.1 million and the operating result to EUR 4.5 million.